Clipped from: https://www.thehindubusinessline.com/news/real-estate/large-resident-welfare-associations-may-have-to-pay-gst-retrospectively/article33905903.ece Experts divided over the interpretation Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular
Author: Anil R Tikotekar
Both kinds of currencies will evolve | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/both-kinds-of-currencies-will-evolve-121022100822_1.html Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money Cryptocurrencies are coming together as alternative
Without legislative backup, govt must not amend rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/without-legislative-backup-govt-must-not-amend-rules-121022100867_1.html The GST Council should prevail on the government to avoid such practices as they lead to unnecessary litigation The Finance Bill, 2021, proposes
Future-Reliance deal: Supreme Court halts NCLT approval – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-reliance-deal-sc-halts-nclt-approval/2199759/ Apex court overturns Delhi HC decision, restores freeze on deal and legal advantage for Amazon Amazon had secured an interim stay on the
Spurred by stamp duty cut, uptick in property sales in Pune continues – The Financial Express
Clipped from: https://www.financialexpress.com/money/spurred-by-stamp-duty-cut-uptick-in-property-sales-in-pune-continues/2199790/ Larger developers have lined up project launches in the last two months to make the best of this run. The number of registrations
CBIC addresses IGST refund issues of exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbic-addresses-igst-refund-issues-of-exporters/articleshow/81156185.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “It is seen that a considerable number of exporters have been facing difficulties in getting their IGST refund sanctioned either due to lack
Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/amara-raja-begins-work-on-lithium-ion-cells-sets-up-research-hub-at-tirupati/articleshow/81137280.cmsSynopsis Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati
Domestic fintech lenders gain business as Google cleans up China-backed apps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/domestic-fintech-lenders-gain-business-as-google-cleans-up-china-backed-apps/articleshow/81156156.cms SynopsisMost domestic fintech lenders that ET spoke with said that their business rose 20-40% month-on-month since December, when the crackdown started. Recently, Google
Judge Biden stimulus on speed of return to pre-Covid unemployment: Yellen | Business Standard News
Clipped from: https://www.business-standard.com/article/international/judge-biden-stimulus-on-speed-of-return-to-pre-covid-unemployment-yellen-121022201195_1.html Speaking to a New York Times Dealbook online event, Yellen also played down the increased debt levels that would be incurred from Biden’s
Unsecured loans come back to haunt private banks after 13-year gap | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/unsecured-loans-come-back-to-haunt-private-banks-after-13-year-gap-121022200670_1.html ICICI Bank, Axis, among others see rise ‘proforma’ slippages in Q3 Banks are again facing stress in the unsecured loan segment, after a
Why markets have fallen and what could happen next | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-why-the-markets-have-fallen-and-what-could-happen-next-7199586/ While the Sensex fell below the 50,000 mark, the fall was not limited to Indian markets. Even the primary indices in leading European
New scheme for service exports with max sops for MSMEs proposed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/new-scheme-for-service-exports-with-max-sops-for-msmes-proposed/articleshow/81149883.cmsSynopsis The scheme is touted as a replacement for the Service Export from India Scheme and is on the same lines as Remission of
By diligence, not lockdowns–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/by-diligence-not-lockdowns/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. There is a pandemic resurgence in several parts
As prices in India spiral, smuggling of fuel from Nepal rises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/as-prices-in-india-spiral-smuggling-of-fuel-from-nepal-rises/articleshow/81155371.cmsSynopsis The smuggling of petrol and diesel is taking place in areas adjoining the Nepal border with people going to Nepal on bikes and
Too much prudence with bad loans is bad–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/too-much-prudence-with-bad-loans-is-bad/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The reported proposal for banks to sell only
Compelling reasons why India should let the crypto cat out of the bag – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-compelling-reasons-why-india-should-let-the-crypto-cat-out-of-the-bag/articleshow/81158111.cms Synopsis–If cryptos lack ‘money-ness’, BharatCoin, the presumptive name for an RBI-issued digital currency, would be a natural evolution of digitisation of financial flows.
India to clear 45 investments from China, likely to include Great Wall, SAIC: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-to-clear-45-investments-from-china-likely-to-include-great-wall-saic-sources/articleshow/81151147.cmsSynopsis About 150 investment proposals from China worth more than $2 billion were stuck in the pipeline. Companies from Japan and the U.S. routing
Four reasons why pharma stocks could fall out of favour as Covid recedes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/four-reasons-why-pharma-stocks-could-fall-out-of-favour-as-covid-recedes/articleshow/81156481.cms SynopsisThe sector that had peaked out on the bourses in 2015 saw buying interest due to the focus on healthcare. However, the interest
Investors poorer by Rs 3.8 lakh crore as bears slam Dalal Street for 5th day – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investors-poorer-by-rs-3-8l-cr-as-bears-slam-d-st-for-5th-day/articleshow/81151724.cmsSynopsis Analysts believe this is a buy-on-dip market, and short-term correction will trigger new buying, as economic fundamentals have improved, with more focus on